PVH Corp (NYSE: PVH) rose 6.6 percent to $105.49 after outlining strategic changes to the brand and organization. The company also raised fourth-quarter adjusted EPS guidance by 15 cents to $1.75. The company sees FY18 adjusted earnings of at least $9.50 against a $9.35 estimate.

Glu Mobile Inc. (NASDAQ: GLUU) gained 6.1 percent to $9.64 after Stephens & Co. initiated coverage on the stock with an Overweight rating and a price target of $10.50.

SemiLEDs Corporation (NASDAQ: LEDS) fell 14.2 percent to $2.7199. SemiLEDs reported a Q1 loss of $0.27 per share, down from a loss of $0.11 per share year-over-year. Sales came in at $972,000, down from $2.003 million at the same time last year.